f. Proceeds. Section 9-102 [Maine cite section 9-1102] contains an expanded definition of "proceeds" of collateral which includes additional rights and property that arise out of collateral, such as distributions on account of collateral and claims arising out of the loss or nonconformity of, defects in, or damage to collateral. The term also includes collections on account of "supporting obligations," such as guarantees.

g. Part 4: Additional Provisions Relating to Third-Party Rights. New Part 4 contains several provisions relating to the relationships between certain third parties and the parties to secured transactions. It contains new Sections 9-401 [Maine cite section 9-1401] (replacing former Section 9-311) (alienability of debtor's rights), 9-402 [Maine cite section 9-1402] (replacing former Section 9-317) (secured party not obligated on debtor's contracts), 9-403 [Maine cite section 9-1403] (replacing former Section 9-206) (agreement not to assert defenses against assignee), 9-404, 9-405, and 9-406 [Maine cite sections 9-1404, 9-1405 and 9- 1406] (replacing former Section 9-318) (rights acquired by assignee, modification of assigned contract, discharge of account debtor, restrictions on assignment of account, chattel paper, promissory note, or payment intangible ineffective), 9-407 [Maine cite section 9-1407] (replacing some provisions of former Section 2A-303) (restrictions on creation or enforcement of security interest in leasehold interest or lessor's residual interest ineffective). It also contains new Sections 9-408 [Maine cite section 9-1408] (restrictions on assignment of promissory notes, health- care-insurance receivables ineffective, and certain general intangibles ineffective) and 9-409 [Maine cite section 9- 1409] (restrictions on assignment of letter-of-credit rights ineffective), which are discussed above.

h. Filing. Part 5 (formerly Part 4) of Article 9 [Maine cite Article 9-A] has been substantially rewritten to simplify the statutory text and to deal with numerous problems of interpretation and implementation that have arisen over the years.

Medium-neutrality. This Article is "medium-neutral"; that is, it makes clear that parties may file and otherwise